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20130204
20130212
Search Results 0 to 7 of about 8 (some duplicates have been removed)
. we have budget deficits that are not sustainable and how are we going to dale with these budget deficits? that's the issue before the congress that we are dealing with. we dealt wit this week. we had president obama who visited with the democratic members of the united states senate in annapolis and it was the issue we talked about the most. how are we going to deal with our budget deficit? i could talk about how we got here, the policies that led to these deficits but i'm not going to harp than because we have to figure out how we're going to move forward. i will emphasize one point. this deficit was not caused by our federal work force. you are not responsible for their deficit. \[applause] >> we could talk about the policies of going to war and how we pay for it, etc. but we have these large deficits and we need to deal wit. let me bring you up to date because the last time i was here was a little over a year ago and we were talking about the budget control act and how we had to deal with this deficit and how we were going to bring down discretionary domestic spending and how
is happening, it is true that the deficits are going to be below a trillion dollars for the first time in several years. it is true that the new revenues and spending that you did not do -- it is also true the economy is beginning to grow again. this is almost like the reverse of what we did in 1993. i was perfectly well aware that a raise taxes and cut spending, it could have been dragging effect on the economy. but not nearly as much as not nearly as much as having low growth or then having interest rates that were too high. so our gamble was that the explosive effect of lowing interest rates with a booming bond market and having more disposal income over five-10 year period to invest in america's future would more than offset putting the hammer down by raising more money and cutting spending. it turned out to be a good gamble. it will make sense here again. but timing is everything. so i think you should have a budget that does not defy arithmetic and does not follow in the trap that we had for 20 of the last 32 years which is you always get more money when you cut taxes. but it is
that we need higher fuel tax, and we can use that either to reduce the deficit or to pay for something else. it was designed -- or intended -- whether it has done so successfully or not, it was done to pay for infrastructure. >> absolutely. we are not real happy about that. >> john, what are you hoping for next week? >> for some reason, i have not been consulted on that. the president in the campaign said he was 4 and all of the above energy policy, so let's have some announcements that support that -- he was for an " all of the above" energy policy. let's move forward with the things that you need to do to accomplish that policy. i would say that we would also -- i would like to see stop this discussion about taxing the industry and trying to characterize it as subsidies, which is simply not true, and i would like to see more opportunities in terms of where we can open up areas that are off-limits right now. all those combined can generate an enormous amount of opportunity for the economy right when we need it. >> i will just mention a couple of things. i think lenders have been reall
of americans want sensible policies for this country. they want to us deal with the deficit in a way that provides for the future of this country. so they want to invest in research and education. they want roads and bridges. we're having a tough time breaking through the division that we have in washington. and quite frankly, the more you can do to underscore the importance of the work that you do, i think the stronger the voice will be for a reasonable solution to our fiscal problems that will permit n.i.h. to get the funding it needs on a permanent basis. so i think this point needs to be underscored more and more. the work you do here and the impact it has on our lives. i was talking -- we had a chance to talk about the work being done in infection diseases about trying to develop a way in which we can get a flu shot that is more generic rather than every year. that's extremely exciting to me. i don't like trying to figure out when i'm going to get my flu shot and whether it works or not. the more we talk about what we can achieve in the future, what america can achieve in the fu
is it is getting to the root crop -- the root causes of our trust deficit, our leadership deficit, and putting concepts, practical solutions before the american people. >> no matter what your thoughts maybe, if you really want to fix things, this is the central place to get it done. >> we have problem solvers in congress who want to wear the no labels badge. >> that is the first step to take. >> if we do not come together, we will be the first generation to turn over this country in worse shape than we received it. >> my friends are immigrants. they came to america with the fundamental hope of what this government stands for. >> people across the country want america to be the greatest nation on earth. >> the country they came from had a civil war going on. it did not have the opportunities that america provides. >> we want to make sure that we are the hope of the world and this is the place for your dreams to come true. >> it is actually up to all of us to strengthen our civic backbone and demand something different. a vision of how to get it done. no labels can help do that. >> we are changi
in dealing with our recovery. economic recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber meeting. i would talk about those things and those two things only. guaranteed political suicide. we can do this. >> in answer to that question, what will we do to get washington to do with the fiscal challenge? there were some business leaders and alan greenspan was there. he said what are you going to do something on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he is not known for hyperbole. and it struck me that the former chair of the federal reserve is saying you are facing an impending crisis and you wi
unemployed right now. we're not out of the deficit of the 8 million jobs already lost. in terms of a system being skewed, if we are continually supported a system where jobs go to the already employed, we are really not doing anything to foster the economic recovery that is going to benefit everybody. in society. none of these laws and nothing the national employment law practice is advocating says you have to fill open jobs with unemployed people. we are saying that qualified unemployed people should be allowed to compete on terms that are fair and that is good for all of us in our economic recovery. host: baltimore, maryland, just hired. caller: i would like to say one thing -- i love cspan and site -- and i love to make it through my phone call. go ravens. i live in baltimore city and the unemployment rate in baltimore city is unbelievable. the problem you have is that not only is there so many people unemployed but that there is a lack of job opportunities. how will the work that you are doing affect people live in urban america who are african- americans who are latino americans, asian
Search Results 0 to 7 of about 8 (some duplicates have been removed)